Imperial Oil sells downtown Calgary parking lot for 69 million

According to a Calgary Herald article, Imperial Oil has sold 1.5 acre parking lot in downtown Calgary. The lot is located at 500 6th Avenue S.W., – a land transfer of $68.95 million, dated November 20, lists the new owners as Oxford Properties and Omers.

Imperial Oil is one of several companies moving out of downtown – a spokesperson commented the sale “Imperial announced our plans to build a new office complex in a site at Quarry Park. So consistent with that we did place that (downtown) site on the market.”

Below are shots of the parking lot and a slideshow of Imperial Oil’s new office in Southeast Calgary